805 W Manchester Ave

Los Angeles, CA 90044

Property Details

805 W Manchester Avenue, Los Angeles, CA 90044

 

Pricing Overview

Asking Price
Building PPSF
Land PPSF
NOI
Cap Rate
$2,446,317 $1,224.38 / SF $127.11 / SF

$110,966

4.54% *

* Cap rate does not include 2020 percentage rent

Building Overview

Year Built
Building SF
Lot SF
Parking Spaces
APN
1963 + 1,998 SF + 19,245 + 20 Spaces

6032-014-023

Deal Vault

Photo Gallery

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Property Highlights

Property Information
  • Jack in the Box has been in operation on this site since 1963
  • 2020 Calendar Year Saw a Massive 14.28% Increase in Year-Over-Year Store Sales Triggering the Payment of $6,324 of Percentage Rent to Landlord in January of 2021
  • FMV Increase for option in 2027 gives owner upside potential, which is uncommon in single-tenant ground leases
  • Historically high performing store
  • Extremely low occupancy cost, 2020 rent-to-sales ratio was 4.7%
  • Mature and dense urban infill location
  • High exposure signalized intersection with 63,267 cars per day

 

805 W Manchester Avenue, Los Angeles, CA 90044

Presented By

Matthew Dobson

MANAGING PARTNER | BROKER OFFICER

mdobson@arcainc.us
323.515.8306
License No. 01768556

Joshua Levy

MANAGING PARTNER

jlevy@arcainc.us
323.515.8307
License No. 01068569

Visit Us

180 S LAKE AVENUE

SUITE 205

PASADENA, CA 91101

Contact us

(323) 515-8302

Info@arcainc.us

 

Open Hours

M-F: 8:30 AM – 5:30 PM

 

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